mcleod66 said:
bawitdaball said:
mcleod66 said:
bawitdaball said:
LadyChickBear said:
slimecap said:
BIG 12 OFFICIALS MEET
to discuss possible departures of Oklahoma and Texas to SEC
The Big 12 athletic directors and their university presidents and chancellors held a videoconference on Thursday evening to discuss the possible moves. Both OU and Texas were invited to the meeting but declined to participate in the call, sources said.
In a statement provided to ESPN, the Big 12 said, "There is a recognition that institutions may act in their own self-interest, however there is an expectation that members adhere to Conference bylaws and the enforcement of Grant of Rights agreements."
The Big 12 bylaws require any withdrawing member to give the league at least 18 months' notice. There also is a hefty exit fee -- departing schools must pay the league a "commitment buyout fee," which is an amount equal to the sum of distributions that otherwise would be paid to the school during the final two years of its membership. Exiting schools, according to the bylaws, "shall be deemed to have agreed to forfeit all distributions of any type that otherwise would have been made to the withdrawing member during the interim period" between the notice date and the actual departure date.
Last year, the Big 12 distributed about $38 million to each of its members, third most among Power 5 conferences, so Texas and Oklahoma would owe about $76 million each.
One source said the Big 12 also discussed the possibility of finding more revenue for Texas and OU if their motivation to exit is driven by money.
OU and Texas also signed a Big 12 grant-of-rights agreement, in which they granted their first- and second-tier media rights for football and men's basketball to the conference through June 30, 2025. That means the Big 12 would still own the schools' media rights for those sports -- even if they are no longer members -- until the agreement expires.
- Excerpts from espn, 22 July 2021 @ 9:01 p.m. CT
I know I am about to sound revengeful and probably stupid, but I am ready to tell them to go rather than give them anything else especially Texas. What sport have they been relevant in the past 5 to 6 years? Every time I see the Longhorn network, I get furious.
But I am also a realist and I know Baylor can't compete with the money. I just hate what may happen to our recruiting promise.
To be fair, Texas won the directors cup this last year. So claiming they aren't relevant is a bit of an emotional response. They played in the NC game for volleyball, we're in the final four in baseball. Softball made a super regional. They won the National Championship in men's swimming/diving, rowing and women's tennis. There women's basketball was an elite 8 finisher - same as us. Men's tennis was in the final four. They struggled in football but still won their bowl game, and men's basketball won the Big 12 and then laid a goose egg during March Madness. We don't like what they are doing, and it's mainly because we weren't prepared. But they are not irrelevant.
Are you saying, ut won the Big 12 in men's basketball? Pretty sure they did not!
A simple google search would reveal that they defeated Ok State 91-86.
They did not clarify that they were talking about the TOURNAMENT and not the CONFERENCE. But thanks for the google tip.
The way the Big 12 is set up, the tournament is the only Big 12 Champion - the season is merely an 18 game stretch for seeding. The tournament champion gets the NCAA auto bid, and the tournament champion gets the trophy. I think its dumb, but supposedly it goes to ensure that there isn't a "tie" and there aren't like three or four champions. But having worked in athletics for over 15 years, tournament champions are referred to as champions, regular season champions are referred to, well, regular season champions. My apologizes for not clarifying, I often forget what is normal and industry speak. But yes, Texas won the tournament championship. I believe they were seeded 3rd behind Baylor and Kansas.